FAK Limit Order

The purpose of this test is to verify the client system can submit an FAK order and receive and process the Acknowledgement and Fill messages using tag 1797-OrderEventExecID as unique ID for each fill.

• submit and cancel an FAK limit order
• receive and process the Acknowledgment and Fill messages

1. Select a SenderComp from the drop-down and select ASSIGN if a SenderComp is not already assigned.
2. From the Contracts drop-down, select the desired contract if the contract is not already locked.
3. Select the START TEST button.

Note: DO NOT select the START TEST button once the test is in progress.

Note: If a test is not proceeding to the next step, selecting the Refresh button ( ) below the test steps may resolve the issue.

Pre-Registered or On-Demand Format

Note: This test is used for both Pre-Registered and On-Demand formats. The image below shows the Pre-Registered format version of the test.

1. To run an FAK Limit Order test:

1. Over an iLink connection, submit an Limit FAK Order message with a quantity of 100 million.
2. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order message.

3. Enter the following tag values to indicate that your system received and processed the Execution Report - Trade Outright message as taker.

• 1797-First OrderEventExecID
• 1799-First OrderEventPx
• 1800-First OrderEventQty
• 1802-First OrderEventText
• 1797-Second OrderEventExecID
• 1799-Second OrderEventPx
• 1800-Second OrderEventQty
• 1802-Second OrderEventText

4. Select Yes or No to indicate whether your system received and processed the Execution Report - Elimination.